Business News

Apple's $2 billion fine heralds a new antitrust dawn
2024-03-05 15:10:47
Another day, another multibillion-dollar regulatory fine from Europe that will barely dent the balance sheet of a technology giant. Only this time the European Commission's $2 billion penalty against Apple Inc. marks the end of an old, clunky era, and the start of a new one where trust-busters can be quicker and more efficient in policing Silicon Valley's biggest companies. Their secret weapon: a new law called the Digital Markets Act (DMA). It finally comes into force on March 6, when six companies designated as "gatekeepers" will have to comply with its 22 rules.
Microsoft Ignite conference returns to Chicago in November after 9-year hiatus
2024-03-05 15:10:47
Nearly a decade after holding its first Microsoft Ignite event in Chicago—and then abruptly pulling up stakes for other cities—the software giant's annual information technology conference is coming back to McCormick Place in November.
A new proposal could ban landlords from charging for cable and internet in bulk
2024-03-05 13:48:41
The proposal is meant to offer consumers more choice.
Ex-Twitter execs sue Musk for unpaid severance
2024-03-05 09:47:35
Former top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly $130 million after the billionaire took over the social media company and dismissed them.
Bezos dethrones Musk to reclaim title of world's richest man
2024-03-05 09:47:35
Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.
Uber Eats starts robot deliveries in Tokyo
2024-03-05 09:28:24
"Caution: robot!" chirps the green self-driving delivery vehicle as it trundles down the street to a pork cutlet restaurant in Tokyo to pick up a meal ordered on Uber Eats.
My Best Buy Plus members, save on Apple's brand-new M3 MacBook Air
2024-03-05 01:20:24
My Best Buy Plus members can save $50 on Apple's brand-new M3 MacBook Air in both the 13-inch and 15-inch screen sizes.
JetBlue, Spirit Airlines cancel merger after blocked by US court
2024-03-04 22:55:24
JetBlue and Spirit Airlines formally pulled the plug Monday on their merger, about six weeks after a federal judge ruled it violated US antitrust law.
As auto industry deadlines loom for impaired-driver detection tech, researchers offer low-cost solution
2024-03-04 22:54:43
Cameras similar to those already on newer model cars, combined with facial recognition tools, could read the "tells" of impairment in the face and upper body of a driver, University of Michigan engineers have shown.
Unveiling the future: A comprehensive dive into Web3's revolutionary ecosystem
2024-03-04 22:43:49
Web3 represents the next evolutionary phase of the internet, emphasizing decentralization and user empowerment. It is built on blockchain technology, aiming to transform the digital landscape by offering enhanced data ownership, privacy, and security.
Apple hit with 1.8-bn-euro EU fine for music streaming restrictions
2024-03-04 16:48:18
The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing European users from accessing information about alternative, cheaper music streaming services.
Demand for computer chips fueled by AI could reshape global politics and security
2024-03-04 16:03:40
A global race to build powerful computer chips that are essential for the next generation of artificial intelligence (AI) tools could have a major impact on global politics and security.
Crash of the Titan: a short history of Apple’s doomed car project
2024-03-04 15:28:20
Nothing is real until it ships.
Alibaba's Ele.me head to step down amid shift to younger leadership · TechNode
2024-03-04 15:28:05
Alibaba’s food delivery head Yu Yongfu is scheduled to step down on the last day of March, coinciding with the end of the company’s 2024 fiscal year, as
Combining big data and machine learning to predict power outages and help consumers prepare
2024-03-04 14:42:37
Unplanned power outages due to environmental conditions (wind, lightning, tree growth, etc.) leave those without power on their own, sometimes for long periods of time. Utility companies lack the ability to predict when forced outages will occur, so no mitigation measures targeting consumers are deployed ahead of time to reduce the impact of an outage.
Google trims jobs in trust and safety while others work 'around the clock'
2024-03-04 11:55:56
Alphabet Inc.'s Google is laying off a handful of employees on its trust and safety team as part of broader staff cuts, even as it's asking members of that group to be on standby over the weekend in order to troubleshoot problematic outputs related to its flagship generative AI tool, Gemini.
Comics Creators Hit Out Against Indie Pub Ghosting Them
2024-03-04 11:51:52
Several comics pros allege Scout's antics have been a problem for years, and led to them prematurely canceling their own work out of frustation.
Chinese couriers complain over new door-to-door delivery rules · TechNode
2024-03-04 11:41:28
Stricter rules for China's courier industry that stipulate that delivery workers are banned from putting parcels in end-of-service facilities without user
Trader Joe's chicken soup dumplings that might contain plastic pieces recalled
2024-03-04 11:41:20
Federal regulators say the recalled Trader Joe's chicken soup dumplings may be contaminated with foreign materials — "specifically hard plastic from a permanent marker pen."
China seeks ways to revive slowing economy and salvage property market as annual congress convenes
2024-03-04 08:48:14
China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature.

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